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Charlotte Apartments 4009-4015 Charlotte St 12 Unit Apartment Building $1,902,381 CAD ($158,532 CAD/Unit) 7.35% Cap Rate Kansas City, MO 64110
Investment Highlights
- 100% 2 Bed/1 Bath Units
- In-Unit Washer Dryer in Some Units – Easily Add to All Units
- Strong Proven Rental Demand
- Dedicated Off-Street Parking Behind Building
- Classic Kansas City Architectural Brick Buildings
- Walkable Neighborhood Steps Away from New Streetcar Extension
Executive Summary
The Charlotte Apartments are an incredible opportunity to own in a prime South Hyde Park location, steps from the new Streetcar extension. These charming twin brick buildings share a rear parking lot and feature 100% two bedroom units.
Residents enjoy covered patios, in-unit laundry, galley style kitchens with separate dining area perfect for an office or extra living space. Off-street parking for eight vehicles. Located just blocks away from Gilham Park, restaurants, shops, and schools makes this an ideal location for professionals seeking charm and walkability in one of Kansas City’s oldest and most charming neighborhoods. Don’t miss this incredible investment opportunity!
Residents enjoy covered patios, in-unit laundry, galley style kitchens with separate dining area perfect for an office or extra living space. Off-street parking for eight vehicles. Located just blocks away from Gilham Park, restaurants, shops, and schools makes this an ideal location for professionals seeking charm and walkability in one of Kansas City’s oldest and most charming neighborhoods. Don’t miss this incredible investment opportunity!
Property Facts
| Price | $1,902,381 CAD | Building Class | C |
| Price Per Unit | $158,532 CAD | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 15,000 SF |
| Cap Rate | 7.35% | Average Occupancy | 83% |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Parking Ratio | 0.8/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R-5 | ||
| Price | $1,902,381 CAD |
| Price Per Unit | $158,532 CAD |
| Sale Type | Investment |
| Cap Rate | 7.35% |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 15,000 SF |
| Average Occupancy | 83% |
| No. Stories | 3 |
| Year Built | 1924 |
| Parking Ratio | 0.8/1,000 SF |
| Zoning | R-5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 12 | - | 1,000 |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 30-240-12-06-00-0-00-000 | Improvements Assessment | $141,784 CAD |
| Land Assessment | $9,196 CAD | Total Assessment | $150,980 CAD |
Property Taxes
Parcel Number
30-240-12-06-00-0-00-000
Land Assessment
$9,196 CAD
Improvements Assessment
$141,784 CAD
Total Assessment
$150,980 CAD
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Charlotte Apartments | 4009-4015 Charlotte St
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